| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 35 | 50% | 50% | 0% | 20% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 38 | 50% | 40% | 10% | 20% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Company’s standard payment terms are 60 days from the end of the month in which an undisputed invoice is received. Deviations from standard payment terms are agreed on a case by case basis subject to negotiation and agreement as part of a wider suite of commercial conditions
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Alstom seeks to satisfactorily resolve any queries as quickly as possible prior to payment being made. Invoices received which cannot be processed due to errors, and/or missing/inaccurate information are passed to the relevant internal stakeholders for resolution, which would escalate to departmental heads as required. In the event that this process cannot satisfactorily resolve the dispute, the matter would subject to the dispute resolution conditions defined in the relevant agreement.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Alstom NL Service Provision Ltd is a UK-registered entity within the Alstom group, an international rail transport business. Companies House records its activity under urban and suburban passenger railway transportation, indicating a role connected to underground, metro or similar rail services. Alstom, the wider group, designs, builds, maintains and modernises trains, trams, metros, signalling and rail infrastructure worldwide, describing itself as a rail specialist delivering rolling stock, digital rail systems and maintenance services across many countries. This company forms part of that group's UK operations, though the specific services it provides are not detailed in available evidence beyond its registered business classification.
Generated from the company's website and Companies House records. Sources: alstom.com · alstom.com